Asian Regulatory Update

August 09, 2013

Update on the Hong Kong-PRC Mutual Fund Recognition Scheme

It has been a busy summer for securities regulators in Hong Kong and on the Mainland. Recent press coverage indicates that the regulators are closer now to making the Mutual Fund Recognition Scheme (the “Scheme”) a reality, possibly as soon as before the end of this year. While the industry is still no closer to receiving detailed regulations and procedures from either set of regulators as to how the Scheme will work in practice, there have been enough indicators to heighten excitement in the market that the Scheme will soon come to pass.

Read the "Asian Regulatory Update."